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Consumer Cyclical - Leisure - NYSE - US
$ 8.54
1.67 %
$ 1.57 B
Market Cap
77.64
P/E
1. INTRINSIC VALUE

Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories. It operates through three segments: Topgolf; Golf Equipment; and Apparel, Gear and Other. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, multiple bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology; and World Golf Tour digital golf game. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brands. The Apparel, Gear and Other segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; and golf and lifestyle apparel, hats, luggage and accessories, footwear, belts, facemasks, sunglasses, socks, and underwear under the TravisMathew brand.[ Read More ]

The intrinsic value of one MODG stock under the base case scenario is HIDDEN Compared to the current market price of 8.54 USD, Topgolf Callaway Brands Corp. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MODG

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FINANCIALS
4.28 B REVENUE
7.24%
238 M OPERATING INCOME
-7.44%
95 M NET INCOME
-39.84%
365 M OPERATING CASH FLOW
1139.03%
-543 M INVESTING CASH FLOW
-1.46%
376 M FINANCING CASH FLOW
-11.64%
1.01 B REVENUE
-12.52%
33.7 M OPERATING INCOME
-67.28%
-127 M NET INCOME
-204.67%
387 M OPERATING CASH FLOW
72.14%
-11.6 M INVESTING CASH FLOW
86.34%
-156 M FINANCING CASH FLOW
-162.08%
Balance Sheet Decomposition Topgolf Callaway Brands Corp.
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Current Assets 1.63 B
Cash & Short-Term Investments 394 M
Receivables 227 M
Other Current Assets 1.01 B
Non-Current Assets 7.49 B
Long-Term Investments 80.9 M
PP&E 3.82 B
Other Non-Current Assets 3.59 B
Current Liabilities 948 M
Accounts Payable 131 M
Short-Term Debt 160 M
Other Current Liabilities 657 M
Non-Current Liabilities 4.29 B
Long-Term Debt 4.22 B
Other Non-Current Liabilities 75.3 M
EFFICIENCY
Earnings Waterfall Topgolf Callaway Brands Corp.
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Revenue 4.28 B
Cost Of Revenue 1.64 B
Gross Profit 2.65 B
Operating Expenses 2.6 B
Operating Income 238 M
Other Expenses 143 M
Net Income 95 M
RATIOS
61.75% GROSS MARGIN
61.75%
5.55% OPERATING MARGIN
5.55%
2.22% NET MARGIN
2.22%
2.45% ROE
2.45%
1.04% ROA
1.04%
11.87% ROIC
11.87%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Topgolf Callaway Brands Corp.
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Net Income 95 M
Depreciation & Amortization 240 M
Capital Expenditures -483 M
Stock-Based Compensation 46.7 M
Change in Working Capital 10.6 M
Others 50.8 M
Free Cash Flow -118 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Topgolf Callaway Brands Corp.
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Wall Street analysts predict an average 1-year price target for MODG of $14.8 , with forecasts ranging from a low of $12 to a high of $20 .
MODG Lowest Price Target Wall Street Target
12 USD 40.52%
MODG Average Price Target Wall Street Target
14.8 USD 73.69%
MODG Highest Price Target Wall Street Target
20 USD 134.19%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.01 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Topgolf Callaway Brands Corp.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
521 K USD 1
9-12 MONTHS
330 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
357 K USD 2
9-12 MONTHS
Date Value Insider Amount Avg Price
6 months ago
May 10, 2024
Sell 152 K USD
ANDERSON ERIK J
Director
- 10000
15.19 USD
6 months ago
May 14, 2024
Sell 115 K USD
ANDERSON ERIK J
Director
- 7500
15.37 USD
9 months ago
Feb 15, 2024
Sell 151 K USD
ANDERSON ERIK J
Director
- 10000
15.12 USD
8 months ago
Feb 20, 2024
Sell 72.8 K USD
ANDERSON ERIK J
Director
- 5000
14.55 USD
9 months ago
Feb 16, 2024
Sell 30 K USD
ANDERSON ERIK J
Director
- 2028
14.79 USD
11 months ago
Dec 12, 2023
Bought 25.2 K USD
Flanagan Laura Jean
Director
+ 2000
12.615 USD
11 months ago
Dec 12, 2023
Bought 35 K USD
Flanagan Laura Jean
Director
+ 2775
12.6 USD
11 months ago
Nov 22, 2023
Bought 128 K USD
BREWER OLIVER G III
President and CEO
+ 11000
11.68 USD
1 year ago
Nov 15, 2023
Bought 20 K USD
Flanagan Laura Jean
Director
+ 1676
11.935 USD
1 year ago
Nov 13, 2023
Sell 99.4 K USD
ANDERSON ERIK J
Director
- 10000
9.94 USD
1 year ago
Nov 14, 2023
Sell 111 K USD
ANDERSON ERIK J
Director
- 10000
11.08 USD
1 year ago
Nov 15, 2023
Sell 120 K USD
ANDERSON ERIK J
Director
- 10000
12.03 USD
1 year ago
Nov 13, 2023
Bought 49.8 K USD
BREWER OLIVER G III
President and CEO
+ 5000
9.96 USD
1 year ago
Nov 13, 2023
Bought 99 K USD
BREWER OLIVER G III
President and CEO
+ 10000
9.9 USD
1 year ago
Nov 10, 2023
Bought 100 K USD
BREWER OLIVER G III
President and CEO
+ 10000
10.01 USD
1 year ago
Nov 10, 2023
Bought 100 K USD
BREWER OLIVER G III
President and CEO
+ 10000
10.05 USD
1 year ago
Nov 10, 2023
Bought 40.1 K USD
Thomas Jennifer L.
SVP, Chief Accounting Officer
+ 4000
10.02 USD
1 year ago
Nov 10, 2023
Bought 100 K USD
Lynch Brian P.
EVP, CFO
+ 10000
10.0387 USD
1 year ago
Aug 25, 2023
Bought 162 K USD
BREWER OLIVER G III
President and CEO
+ 10000
16.21 USD
1 year ago
Aug 22, 2023
Sell 163 K USD
ANDERSON ERIK J
Director
- 10000
16.29 USD
1 year ago
Aug 23, 2023
Sell 166 K USD
ANDERSON ERIK J
Director
- 10000
16.58 USD
1 year ago
Aug 10, 2023
Sell 263 K USD
ANDERSON ERIK J
Director
- 15000
17.51 USD
1 year ago
Aug 14, 2023
Sell 85.1 K USD
ANDERSON ERIK J
Director
- 5000
17.01 USD
1 year ago
Jun 08, 2023
Bought 1.94 M USD
Ogunlesi Adebayo O.
Director
+ 100000
19.4472 USD
1 year ago
May 31, 2023
Bought 109 K USD
BREWER OLIVER G III
President and CEO
+ 6400
17.06 USD
1 year ago
May 26, 2023
Bought 61.6 K USD
BREWER OLIVER G III
President and CEO
+ 3600
17.1 USD
1 year ago
May 26, 2023
Bought 86.2 K USD
BREWER OLIVER G III
President and CEO
+ 5000
17.24 USD
1 year ago
May 22, 2023
Bought 114 K USD
Fine Rebecca
EVP, Global CPO
+ 7000
16.23 USD
1 year ago
May 15, 2023
Sell 179 K USD
ANDERSON ERIK J
Director
- 10000
17.93 USD
1 year ago
May 17, 2023
Sell 181 K USD
ANDERSON ERIK J
Director
- 10000
18.12 USD
1 year ago
May 12, 2023
Bought 85.6 K USD
BREWER OLIVER G III
President and CEO
+ 5000
17.1191 USD
1 year ago
May 11, 2023
Bought 178 K USD
Lynch Brian P.
EVP, CFO
+ 10000
17.79 USD
1 year ago
Mar 06, 2023
Sell 479 K USD
ANDERSON ERIK J
Director
- 20000
23.96 USD
1 year ago
Feb 28, 2023
Sell 586 K USD
ANDERSON ERIK J
Director
- 25000
23.45 USD
1 year ago
Jan 20, 2023
Sell 150 K USD
Thomas Jennifer L.
SVP, Chief Accounting Officer
- 6438
23.3 USD
1 year ago
Dec 05, 2022
Bought 216 K USD
Lynch Brian P.
EVP, CFO
+ 10000
21.6422 USD
1 year ago
Dec 02, 2022
Bought 109 K USD
BREWER OLIVER G III
President and CEO
+ 5000
21.88 USD
1 year ago
Dec 02, 2022
Bought 106 K USD
BREWER OLIVER G III
President and CEO
+ 5000
21.2999 USD
1 year ago
Dec 01, 2022
Sell 129 K USD
Thomas Jennifer L.
SVP, Chief Accounting Officer
- 6000
21.5 USD
2 years ago
Nov 18, 2022
Bought 62.2 K USD
ARMACOST SAMUEL H
Director
+ 3000
20.75 USD
2 years ago
Nov 17, 2022
Bought 42 K USD
ARMACOST SAMUEL H
Director
+ 2000
21 USD
7. News
Why Topgolf Callaway Stock Was Slumping This Week Why Topgolf Callaway Stock Was Slumping This Week fool.com - 2 days ago
Topgolf Callaway price target lowered to $12 from $14 at Goldman Sachs Goldman Sachs lowered the firm's price target on Topgolf Callaway to $12 from $14 and keeps a Neutral rating on the shares. The company's Q3 revenue and adjusted EBITDA topped estimates, but the management reduced its guidance, reflecting a shift in timing of shipments between Q3 and Q4 along with a slower than expected consumer activity in Q3, the analyst tells investors in a research note. Same-venue-sales for Topgolf also decelerated sequentially in Q3 both on a 1 and 2 year stack, driven more by 3+ Bay versus 1-2 Bay, though both segments also decelerated sequentially, Goldman added. https://thefly.com - 3 days ago
Topgolf Callaway Q3 Earnings & Revenues Top Estimates, Fall Y/Y MODG's Q3 results benefit from operating efficiencies and cost management at Topgolf venues, along with favorable shipment timing in the legacy business. zacks.com - 3 days ago
Topgolf Callaway Brands Corp (MODG) Q3 2024 Earnings Call Transcript Topgolf Callaway Brands Corp (NYSE:MODG ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Katina Metzidakis - Vice President of Investor Relations and Corporate Communications Chip Brewer - President and Chief Executive Officer Brian Lynch - Chief Financial Officer and Chief Legal Officer Conference Call Participants Matthew Boss - J.P. Morgan Michael Swartz - Truist Securities Joe Altobello - Raymond James Eric Wold - B. seekingalpha.com - 4 days ago
Compared to Estimates, Topgolf Callaway (MODG) Q3 Earnings: A Look at Key Metrics Although the revenue and EPS for Topgolf Callaway (MODG) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 4 days ago
Topgolf Callaway Brands (MODG) Tops Q3 Earnings and Revenue Estimates Topgolf Callaway Brands (MODG) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.18 per share. This compares to earnings of $0.20 per share a year ago. zacks.com - 4 days ago
TOPGOLF CALLAWAY BRANDS ANNOUNCES THIRD QUARTER 2024 RESULTS HIGHLIGHTS Q3 Consolidated Revenues and Adjusted EBITDA were ahead of expectations. The Callaway brand maintained its #1 position in U.S. market share in total golf clubs and achieved record U.S. market share in golf ball. prnewswire.com - 4 days ago
MODG vs. SRAD: Which Stock Is the Better Value Option? Investors looking for stocks in the Leisure and Recreation Products sector might want to consider either Topgolf Callaway Brands (MODG) or Sportradar Group AG (SRAD). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 5 days ago
Topgolf Callaway to Report Q3 Earnings: Things to Keep in Mind MODG's third-quarter 2024 results are likely to reflect the impact of slowing consumer activity. zacks.com - 5 days ago
Topgolf Callaway Brands to Release Third Quarter 2024 Financial Results CARLSBAD, Calif. , Nov. 5, 2024 /PRNewswire/ -- Topgolf Callaway Brands Corp. (the "Company" or "Topgolf Callaway Brands") (NYSE: MODG) announced today that it intends to release its third quarter 2024 financial results on Tuesday, November 12, 2024, after the market closes. prnewswire.com - 1 week ago
Is TOPGOLF CALLAWY (MODG) Stock Undervalued Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 2 weeks ago
Topgolf Callaway Brands Publishes 2022-2023 Sustainability Report CARLSBAD, Calif. , Oct. 29, 2024 /PRNewswire/ -- Topgolf Callaway Brands (NYSE: MODG) ("Topgolf Callaway Brands" or the "Company") is pleased to announce the release of its 2022-2023 Sustainability Report, demonstrating the progress made since its inaugural report. prnewswire.com - 2 weeks ago
8. Profile Summary

Topgolf Callaway Brands Corp. MODG

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COUNTRY US
INDUSTRY Leisure
MARKET CAP $ 1.57 B
Dividend Yield 0.00%
Description Topgolf Callaway Brands Corp. designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories. It operates through three segments: Topgolf; Golf Equipment; and Apparel, Gear and Other. The Topgolf segment operates Topgolf venues equipped with technology-enabled hitting bays, multiple bars, dining areas, and event spaces, as well as Toptracer ball-flight tracking technology; and World Golf Tour digital golf game. The Golf Equipment segment provides drivers, fairway woods, hybrids, irons, wedges and packaged sets, putters, and pre-owned golf clubs under the Callaway and Odyssey brands, as well as golf balls under the Callaway Golf and Strata brands. The Apparel, Gear and Other segment offers golf apparel and footwear; golf accessories, including golf bags, golf gloves, headwear, and practice aids under the Callaway brand; and golf and lifestyle apparel, hats, luggage and accessories, footwear, belts, facemasks, sunglasses, socks, and underwear under the TravisMathew brand. This segment also provides storage gear for sport and personal use, such as backpacks; travel, duffel, and golf bags; and storage gear accessories, as well as outerwear, headwear, and accessories under the OGIO brand. In addition, it offers outdoor apparel comprising jackets, trousers, dresses, skirts, and tops; and footwear and outdoor equipment, including packs and bags, travel bags, tents, sleeping bags, and accessories under the Jack Wolfskin brand. The company sells its products through golf retailers, sporting goods retailers, on-line retailers, mass merchants, department stores, third-party distributors, and mail order stores, as well as through its websites in the United States and approximately 120 countries. The company was formerly known as Callaway Golf Company and changed its name to Topgolf Callaway Brands Corp. in September 2022. Topgolf Callaway Brands Corp. was incorporated in 1982 and is headquartered in Carlsbad, California.
Contact 2180 Rutherford Road, Carlsbad, CA, 92008 https://www.callawaygolf.com
IPO Date Feb. 28, 1992
Employees 32000
Officers Ms. Maryam Morse Chief People Officer Sean Toulon Senior Vice President Mr. Mark F. Leposky Executive Vice President & Chief Supply Chain Officer Ms. Katina Metzidakis Vice President of Investor Relations & Corporate Communications Mr. Oliver G. Brewer III President, Chief Executive Officer & Director Ms. Jennifer Thomas Senior Vice President & Chief Accounting Officer Ms. Erin Chamberlin Chief Operating Officer Mr. Neil Howie MD & President of Europe, Middle East & Africa Mr. Glenn F. Hickey Executive Vice President & President of Callaway Golf Mr. Arthur Francis Starrs III Chief Executive Officer of Topgolf International, Inc.